With all due respect, Mr. Dickie, you are complicating matters. What the Americans did with their subprime loans, when they allowed unqualified people to purchase houses for which they could never repay the mortgage, has nothing to do with what the Americans are encouraging.
It is true that the tax deductions for interest and municipal taxes in many countries can be additional incentives, but it is certainly not what caused the crash that occurred with the subprime loans. I think that you are exaggerating a bit.
I would now like to turn to Mrs. Mendes.